Oil and Gas Insurance Solutions – Expertly Minimizing Your Risk
You need well-planned policies and risk management services that minimize loss and control risk.
Have you been frustrated by brokers who:
At CMB, We’ll protect what matters most like it’s our own
Get the complete picture with CMB
Business, personal, and more. Get the coverage you want.
Dedicated team of agents.
Personalized service ready to help with answers to your questions, ongoing support, and policy management.
Multiple policy and cost options.
Helping you customize and choose the right protection, insurance company, and cost.
Get claims paid quickly.
Handled with care to help you minimize downtime and secure top dollar for your protection.
Reduce the probability of a claim.
Tools to help you spot and avoid problems before you suffer the consequences.
CMB is an oil and gas insurance broker
The oil and gas industry is physically and financially demanding. We respect that reality.
To support you, we keep abreast of innovations in technology and maintenance, safety and best practices. Then we write well-planned policies and deliver risk management services that allow you to minimize loss, control risk, and operate safe and profitable businesses.
We’re familiar with how people, equipment and tools work in small startups, as well as at large privately owned and publicly traded operations. We know how to insure oilfield service and construction companies, drilling and exploration companies, and oilfield operations companies.
The many details we insure include all aspects of:
- Oilfield Servicing
- Drilling and Exploration
- Oilfield Construction
- Oil and gas properties
At CMB Insurance Brokers, we understand the challenges associated with insuring an oil and gas business. Our agents have the knowledge and experience needed to address the unique insurance needs of a wide range of oil and gas businesses.
If your company is involved in pipelining, construction, field services, or any other sector of the energy market, choose CMB for your insurance & risk control needs. No matter what risks you face, the team at CMB insurance will be there to protect your business and provide peace of mind.
Read our CFO’s Guide
Buying insurance for your company can be complicated, costly and confusing. This guide aims to share our inside knowledge of the business to simplify your insurance experience.
Click here to read.
What do you need from and oil and gas insurance company?
- Protection for physical assets, property, tool, supply and equipment losses due to fire, vandalism, theft and more
- Protection for equipment breakdowns
- Protection for liability losses due to injury or third-party property damage, pollution liability, or commercial general liability
- Protection for errors and omissions
- Protection for loss of income due to business interruption and more
- Protection for automobile losses due to accidents and vandalism
- Protection for cyber losses due to data loss, credit card breach and other digital threats
Providing insurance coverage for oil and gas professionals:
- Compressor and Pump Stations
- Drilling Contractors
- E&P Companies
- Field Services
- Filling Stations
- Fuel Oil Dealers
- Gas Processing Plants
- Gasoline Stations
- Geo-physical Services
- LPG and LNG Facilities
- Oil Drillers
- Oilfield Consultants
- Oilfield Technicians
- Perforators
- Pipeliners
- Refineries
- Seismic Operators
- Tank Terminals
- Oil Well Drillers
- Well Loggers
- Well Operations – Non-drilling Services
- Well Servicing
- Well Testers
- Wellsite Geologists
Explore Our Oil and Gas Insurance Articles
Our blog is an ever-evolving resource, crafted for professionals in the oil and gas sector. We delve into some of the latest industry news and provide guidance on various types of oil and gas insurance. In addition to this, we offer valuable insights from the insurance landscape and information from our strategic partners in financing, safety, and human resources, all relevant to the unique challenges of the oil and gas industry. To start you off, here are some key articles:
How Much Is Liability Insurance For Oil and Gas Contractors? An overview for understanding the costs and coverage specifics for liability insurance in this high-risk industry.
General Servicing Precautions for Wells: Best practices and safety protocols to ensure the well-being of your operations and personnel.
Oil and Gas Operations – Job Safety Analysis: An exploration of safety analysis techniques to mitigate risks in oil and gas operations.
Oil and Gas Workplace Stress: Strategies to manage and reduce stress in the demanding oil and gas work environment.
Potential Exposures During Flowback Operations: Identifying and managing the unique risks associated with flowback operations in the oil and gas sector
Visit our Oil and Gas Insurance Blog for the latest updates, insights, and practical advice.
Why Professionals Trust CMB
When working with a new client, on average our audits uncover $1.5 M of business risk unaddressed and/or assets that have been overlooked.
The right program management can reduce the total cost of insurance by up to 30%.
On average, $20K recovery of lost profit for not-at-fault claims on heavy commercial units.
Your equipment claims settled up to 8 weeks faster than industry.
Savings of at least 10 hours of your time.
Approximately 70% of businesses have unaddressed risk—and don’t know it.
The average out-of-pocket cost of a loss is $280K—preventable on the right plan.
Areas We Serve:
- Alberta • British Columbia • Saskatchewan • North West Territories
